Trump Expands Trade Threats in Global Game of Chicken

Trade wars with allies could spiral as the president tries to get trading partners to back down from retaliation with new threats of his own.

Trump Threatens 200 Percent Tariff on Champagne and Wine From Europe

The president said he would impose the levies if the European Union does not walk back plans to place retaliatory tariffs on whiskey and other U.S. products.

Trump’s Big Bet: Americans Will Tolerate Economic Downturn to Restore Manufacturing

The president offers many reasons for imposing tariffs, including revenue, leverage over competitors and job creation. But history suggests a more complex history.